Housing Prices in City Center, TN

How much do homes in City Center, TN cost?

Median List Price

$407,307

$468/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

-$37,592(-8.4%)

Key Takeaway

The list price of homes in City Center has decreased by 8.4% since last year.

Summary: The median home list price in City Center was $407,307 in September 2024, down 8.4% from the previous year, and the median price per square foot was $468.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $289.5K$285K
-1.6%
2 $815K$599.9K
-26.4%
3 -$600K
N/A
4 --
N/A
5+ -$600K
N/A

Summary: City Center housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 26.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Southside
+18.2%
Downtown Chattanooga
+4.2%
Riverfront
-2.9%
City Center
-8.4%
Martin Luther King
-14.1%

Housing Supply in City Center, TN

How many homes are available in City Center, TN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1914-26.3%

Summary: The City Center real estate market had 14 homes for sale in September 2024, a 26.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 109
-10.0%
2 55
0.0%
3 20
-100.0%
4 00
0.0%
5+ 20
-100.0%

Summary: The City Center housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for City Center, TN

How long does it take to sell a home in City Center, TN?

Average Listing Age

Sep 2023Sep 2024CHANGE
216 Days277 Days+28.1%

Summary: Homes in City Center had an average listing age of 277 days in Sep 2024, up by 28.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

Newest Listings in City Center, TN

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